Trade Freedom Index

Carribean Ranking

(0-100)Source: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Trinidad and Tobago	69	2022	1	69
1	Jamaica	69	2022	1	69
1	Dominican Republic	69	2022	1	69
4 ↑	Haiti	65	2022	5	65
5 ↑	Cuba	64	2022	6	64
6 ↑	Saint Vincent and the Grenadines	60	2022	8	58
7 ↑	Barbados	58	2022	8	58
8 ↓	Saint Lucia	57	2022	7	61
9 ↓	Dominica	56	2021	4	68
9 ↑	Belize	56	2022	10	55
11	Bahamas	49	2022	11	49

Definition of Trade Freedom Index

The Trade freedom index is based on two indicators: the trade-weighted average tariff rate and non-tariff barriers (including quantity, price, regulatory, customs and investment restrictions, and direct government intervention).